subject: Live Healthy With Medical Insurance [print this page] Minopu.com_ Medical insurance is one type of insurance which is taken against incurring hospital bills. The two people are involved in this contract-the insurer and the insurance provider or the company. The policy or contract covers the amount or the premium the party insurer has to pay, the medical claims which the company would cover and so on. The terms and conditions, capitation, premium amount, benfits, coverage limits etc would vary from company to company.
The two major categories include private and public. The public is sub divided into National health insurance, mutual aid insurance and health insurance. The national covers for people who are self employed, students, etc.Health covers employees and workers of company where in company also pay a considerable amount. Mutual aids are specially meant for people in national and local public service, agriculture and forestry, private school aid system etc.Some governments also cover up insurance amounts for children for their medical bills and compulsory education. Minopu.com_ Medical insurance is designed also to provide the coverage for private working people. The premiums can be paid in two ways. One is the paying a fixed percentage or the prepaid system. The insurer can decide on which is suitable for him or her because the whole of it goes waste when the premium is not paid properly. Regular types are also available in which you can pay low monthly premiums for a particular period after which there would be a raise in the monthly payments It is meant for all age groups and all type of health risks or injuries.
Minopu.com_ Medical insurance provides coverage for all most all diseases. Just few illness and sickness are not covered by the policy. Some companies make it a point to cover only the treatment charges leaving behind the bed or hospital charge, dental treatment like implants, cancer treatments etc.Few companies do not provide coverage for in vitro fertization, pregnancy and child birth, cosmetic surgery, implants and family planning. Cancer insurance is especially available in some countries and it gives some benefits and compensation for surgery or prolonged treatments with less rated company premiums which is a big boon for cancer patient.
by: Arlene Simmons
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